unaudited Financial results for the Half Year ended 30th September 2026

26.10.2026 The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001 BSE Script Code/Script ID: 544334/ Indobell Dear Sir/ Madam, Subject: Outcome of Meeting of the Board of Directors of the Company held on 26th October, 2026 Pursuant to the provisions of Regulation 30 (read with Part A of Schedule III) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at their meeting held today i.e. on Monday, 26th October, 2026 at the Corporate Office of the Company, inter-alia, have considered and approved the following: The Unaudited Financial Results for the Half Year ended 30th September 2026 together with the Limited Review Report and Utilisation Certificate for IPO proceeds issued by M/s Bandyopadhyay & Dutt., Statutory Auditors of the Company is attached herewith. The Board approved the increase in the salary for Directors, KMPs and Senior Management Personnel. The meeting of the Board of Directors of the Company commenced at 01:00 P.M. (IST) and concluded at 3.05 PM. Kindly take the above on record. Thanking you Yours faithfully Sanjay Agarwal Company Secretary and Compliance Officer Mem No. A15785 End: as above CA BANDYOPADHYAY & DUTT Flat No 202, 2nd Floor, Anand Apartment 119A, Santoshpur Avenue Chartered Accountants Kolkata 700075 (M) 98303 12110 E-mail: banerjee.dutt.kol@gmail.com INDEPENDENT AUDITOR'S REVIEW REPORT ON UNAUDITED STANDALONE FINANCIAL RESULTS OF INDOBELL INSULATIONS LIMITED FOR THE HALF YEAR ENDED SEPTEMBER 30, 2026 UNDER REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 The Board of Directors M/s Indobell Insulations Limited We have reviewed the accompanying statement of standalone unaudited financial results of INDOBELL INSULATIONS LIMITED ("Company") for the half year ended 30th September, 2026 (the "Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, amended (“Listing Regulations"). This Statement, which is the responsibility of the Company's management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 "Interim Financial Reporting" ("AS 25"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the SEBI Listing Regulations). Our responsibility is to express a conclusion on the statement based on our review. We conducted our review of the statement in accordance with the Standards on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by ICAI. A review of statement consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. dyopadhyay ered Branch Office:Flat No-4E, Yashoban Tower, Saraidhela Main Road, Near Saraidhela Thana More, Dhanbad -828127 CA BANDYOPADHYAY & DUTT Flat No 202, 2nd Floor, Anand Apartment 119A,S antoshpur Avenue Chartered Accountants Kolkata-700075 (M) 98303 12110 E-mail: banerjee.dutt.kol@gmail.com Based on our review, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Our conclusion is not modified in respect of these matters. For Bandyopadhyay & Dutt Chartered Accountants Firm Registration No.325116E tyopadiyay fshanmaprh Kolkata Char St ea red ccoune Apurva Dharmapala (Partner) Membership No. 050686 Date: 23-10-2026 Place: Kolkata UDIN: 26050686FZSWDZ3654 Branch Office:Flat No-4E, Yashoban Tower, Saraidhela Main Road, Near Saraidhela Thana More, Dhanbad -828127 INDOBELL INSULATIONS LTD. 88C, LAKE VIEW ROAD KOLKATA 700 029, WEST BENGAL Website www.indobell.com: Email :info@indobell.com BALANCE SHEET AS AT 30TH SEPTEMBER 2026 in Lakh Amount (in R Particulars Half S- eYe pa tr e E mn bd ee rd 2 0A 2t 6 30th As at 31st March 2026 Half S-Y ee pa tr e E mn bd ee r d 2 0A 2t 530th As at 31st March 2025 EQUITY AND LIABILITIES Shareholder's' Funds Share Capital 630.00 630.00 630.00 630.00 Reserves and Surplus 1137.39 1767.38 992.03 1622.02 964.19 1594.18 916.25 1546.2 Non-Current Liabilities Long-Term Borrowings 74.50 76.25 0.00 0.00 Long Term Provisions 24.56 99.07 54.23 130.48 130.49 130.49 20.41 20.4 Current Liabilities Short Term Borrowings 544.71 17.28 59.82 252.48 Trade Payables TotalO/s DuesofMicro&Small Ente- r prise 153.74 131.27 33.51 249.00 Total O/s Dues Other than Micro & Small Enterprise 30.61 1.05 0.00 117.89 Other Current Liabilities 231.30 61.61 35.23 157.28 Short Term Provisions 13.18 973.54 24.56 235.77 18.35 146.91 212.23 988.8 TOTAL 2839.99 1988.27 1871.58 2555.5 ASSETS Non-current Assets Fixed Assets (a) Property, Plant & Equipment (i)Tangible Assets 333.84 233.59 202.41 177.10 (ii) In-Tangible Assets 24.69 27.19 0.76 0.40 Deferred Tax Assets (Net) 14.24 14.95 13.89 13.55 Non-Current Investment 17.17 17.17 17.17 17.17 Other Non-Current Assets 100.41 102.63 102.02 98.90 Long-term loans and advances 89.34 579.70 94.08 489.61 86.36 422.62 66.28 373.40 Current assets Inventories 826.33 464.06 287.71 255.16 Trade receivables 785.84 451.62 409.65 1423.35 Cash and cash equivalents 216.10 220.93 360.89 196.57 Short Term Loans & advances 432.03 2260.29 362.05 1498.67 390.71 1448.96 307.06 2182.14 TOTAL 2839.99 1988.27 1871.58 2555.54 For and on behalf of the Boad of Director 이 FORINDOBELLINSULATIONS LIMITED VIJAY BURMAN BEI LN LSULATION ndyopadhyay Managing Director Kolkata M I & D Din: 00591075 700 029 19 aC, Lake View Road* hartered ocoun 88C, ROAD LAKE VIEW Lakhs (in Rs) Amount For half year half year ended r ended ended year the year ended September 31st 30th March 2026 2025 2026 REVENUE 1557.90 1427.76 from Operations Revenue 157.12 136.23 10.38 Other Income 836.63 1438.15 1715.02 EXPENSES 339.59 913.36 1102.65 Consumed Cost of Materials 2.13 -1.34 -333.79 -178.01 Change Inventory 219.58 337.89 178.46 315.14 Expenses Employees Benefits 25.82 5.66 7.10 33.59 Finance Costs 10.15 22.03 26.72 20.51 D e p r e c i a t i o n A m o r t i s a t i o n E x p e n s e s 238.61 476.67 246.58 505.96 Other Expenses 2347.07 771.13 1281.36 1613.02 Extraordinary Profit Expenses before Prior Period & 303.01 156.79 102.01 65.50 Income 102.01 156.79 65.50 303.01 Profit Before 0.44 0.00 0.00 1.60 Profit sale assets 103.61 65.94 303.01 156.79 Year Profit for the Tax Expense 18.35 86.23 24.56 13.18 Current Tax for earlier Income Year -0.34 -1.39 1.80 Liab/(Asset) Deferred 80.44 47.93 218.59 142.90 Profit/(Loss) the year 0.76 3 . 4 7 1.28 Diluted 2.27 Basic 1.28 0.76 Profit) Basic Diluted (Excl. 2.27 Extra-ordinary Significant Accounting Policies accompanying notes to financial statements b e h a l f t h e F o r D i r e c t o r B o a d INDOBELL INSULATIONS LIMITE VIJAY Managing Director 00591075 Din: INDOBELL INSULATIONS LTD. 88C, LAKE VIEW ROA [Showing first 8,000 characters — download PDF for full document]